Friday, October 16, 2026

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GBP/JPY trades well above 185 level, jump till 187.45 is possible

GBP/JPY breaks major resistance 185.30 and jumped till 185.59. It is currently trading at 185.30 above that level. The pair's major resistance is around 185.60and any break above will take the pair to next targets 187/18…

By Lis Howell
1 min read
GBP/JPY trades well above 185 level, jump till 187.45 is possible
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GBP/JPY breaks major  resistance 185.30 and jumped till 185.59. It is currently trading at 185.30 above that level.

  • The pair's major resistance is around 185.60and any break above will take the pair to next targets 187/187.45 in short term.
     
  • On the downside minor support is around 184.40 and break below targets 183.90/183.40.

It is good to buy above 185.25-30 with SL around 184.40 for the TP of 187/187.45

 

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